1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Plymouth Industrial REIT's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 396.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Plymouth Industrial REIT's 1-Year ROIIC % or its related term are showing as below:
PLYM's 1-Year ROIIC % is ranked better than 98.21% of 670
companies
in the REITs industry
Industry Median: 1.88
vs PLYM: 396.19
Plymouth Industrial REIT 1-Year ROIIC % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Plymouth Industrial REIT's 1-Year ROIIC %
For the REIT - Industrial subindustry, Plymouth Industrial REIT's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plymouth Industrial REIT's 1-Year ROIIC % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Plymouth Industrial REIT's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Plymouth Industrial REIT's 1-Year ROIIC % falls into.
Plymouth Industrial REIT's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 29.511 (Dec. 2023) - 15.684 (Dec. 2022) )
/
( 1571.095 (Dec. 2023) - 1567.605 (Dec. 2022) )
=
13.827
/
3.4899999999998
=
396.19%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Plymouth Industrial REIT 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Plymouth Industrial REIT's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Plymouth Industrial REIT (Plymouth Industrial REIT) Business Description
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
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